Update: BofA Securities Adjusts Ford Motor Price Target to $19 From $20, Cites Lower 2027 Estimates, Continuing Cost Pressures; Maintains Buy Rating

12:21 PM EDT, 10/20/2026 (MT Newswires) -- (Update includes analyst commentary.) BofA Securities trimmed price target on Ford Motor (F) to $19 from $20 on lower fiscal 2027 earnings estimates, "reflecting more muted EBIT growth on cost headwinds continuing into next year." The brokerage also slashed its 3Q EBIT estimate due to a supplier issue that disrupted F-Series truck production in September. Moreover, analysts led by Alexander Perry expect the automobile giant to make up for the lost production in 4Q but see 2026 adjusted EBIT below the midpoint of their $10 billion to $11 billion guidance. Ford has an average rating of overweight and mean price target of $15.90, according to analysts polled by FactSet. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us) Price: 12.09, Change: -0.09, Percent Change: -0.77